Formal requirements
For natural persons who do not have Mauritian nationality and who wish to Invest, Work, Live or Acquire a Property in Mauritius.
Economic requirements
A. Residency By INVESTMENT
Mauritius offers a conducive business environment and a plethora of lifestyle advantages to any foreigner in quest of a stable jurisdiction to invest in. Residence Permit schemes [most have a validity of 10 years renewable] have been implemented to provide increased foresight, comfort, and convenience to the investor community via the following means:
A minimum investment of USD 50,000 in a business activity.
An existing or inherited business that has a net asset value of at least USD 50,000 and has achieved a cumulative turnover of at least USD 255,000 over the past 3-year period.
A minimum investment of USD 35,000 in a professional activity (self-employed category) and the provision of two letters of intent from potential clients.
B. Residency By PROPERTY ACQUISITION
The minimum acquisition value of residential property to be granted a Residence Permit is now set at USD 375,000. This includes the following schemes of acquisition:
Residential property in a building of at least 2 floors above ground floor (G+2 Scheme). Residence Permit is valid for as long as the non-citizen remains the owner of the residential property.
Residential property, like villa, townhouse, penthouse, apartment, duplex and serviced plot of land (max extent of 5,276 m2) in an existing Integrated Resort Scheme (IRS) project or a Real Estate Scheme (RES) project or a Property Development Scheme (PDS). The owner may rent the property, become tax resident in Mauritius and face no restriction on the repatriation of funds or revenue raised from the sale or renting of the property.
A residential unit within any of the smart cities. Under certain conditions, residence permit holders can acquire a plot of serviced land of an extent of 2,100 m2 for the purpose of building a residence, in a residential development located in a smart city.
Senior Living Residence: A non-citizen retiree, i.e. aged above 50 years, can acquire a residential unit or the life rights in respect of a residential unit in an approved project. There is no minimum acquisition price.
C. Residency By PROFESSION
Mauritius has always been a welcome home for professionals and foreign skills and talents. A 10 Year Residence Permit can be obtained via the following means:
Be employed in Mauritius by a multinational or a local company, by virtue of a contract of employment with a minimum monthly basic salary of approximately USD 640.
D. Residency By RETIREMENT
A 10-year Residence Permit to a retired non-citizen aged 50+ can be obtained upon production of a certified bank statement from the retired non-citizen’s country of origin or residence, showing:
a minimum amount of USD 18,000; or
a guaranteed minimum income of USD 1,500 per month
E. PREMIUM VISA
The Premium Visa aims at encouraging foreign nationals to come for a long stay as a tourist, a retiree or a professional willing to come with his/her family and work remotely from Mauritius. It allows a non-citizen to stay in Mauritius for a period exceeding six (6) months up to one (1) year with an option to renew.
Ability to bring in family
Permit extended to the whole family including parents and common law partners.
Language requirements
Not applicable.
Tax implications or related issues
Local tax rate of 15% applicable with certain exemptions depending on activity